Pune (Maharashtra) [India], May 21 (ANI/BusinessWire India): A recent study found that as of March 2021, Indian households had a total debt of around Rs 43 trillion compared to about Rs 6 trillion in March 2008.
Hong Kong, May 11 (ANI): China banks' profit revival falters as country's largest lenders get sucked into further support for ailing parts of the economy and struggling state-owned companies (bad debts), despite a broad recovery from the coronavirus pandemic.
Beijing [China], April 15 (ANI): China's ambitious Belt and Road Initiative (BRI) has been greatly affected by the COVID-19 pandemic, with Beijing quietly scaling back the project, particularly in the emerging markets of Africa, due to banks being over-extended and loans not being repaid on
Beijing [China], April 7 (ANI): The International Monetary Fund (IMF) on Tuesday urged China to further address its high corporate debt levels resulting from its monetary policy during the COVID-19 pandemic.
Amaravati (Andhra Pradesh) [India], March 30 (ANI): Andhra Pradesh Civil Supplies minister Kodali Srivenkateswara Rao on Tuesday lambasted Telugu Desam Party (TDP) chief and former Chief Minister Chandrababu Naidu alleged that he raised the debts of the state and was blaming current Chief Mi
Islamabad [Pakistan], March 21 (ANI): A debt-ridden Pakistan has received a total of USD 7.21 billion in total external inflows from multiple financing sources during the period of July 2020 to February 2021, according to a report by Foreign Economic Assistance.
Krishna District (Andhra Pradesh) [India], January 20 (ANI): A tenant farmer allegedly committed suicide on Tuesday night for allegedly incur heavy debts in Chandarlapadu village of Krishna district of Andhra Pradesh, police said.
London [UK], January 13 (ANI): The UK High Court today refused an appeal by the fugitive businessman Vijay Mallya to dismiss the bankruptcy petition brought by a consortium of banks which are attempting to recover the debts owed by Mallya's now-defunct Kingfisher Airlines in lieu of the loan
Bengaluru (Karnataka) [India], December 7 (ANI): Coffee Day Enterprises Ltd (CDEL) said on Monday that Malavika Hegde, the wife of its late founder V G Siddhartha, has been appointed as the company's Chief Executive Officer.
New Delhi [India], Aug 31 (ANI): A public interest litigation (PIL) filed in the Delhi High Court seeking a CBI probe into the alleged siphoning of public money by waiving due debts of about Rs 9,358 crores for transfer of ESL management to Vedanta was withdrawn on Monday.
Kathmandu [Nepal], Aug 16 (ANI): The construction of Arun-III hydropower project in Nepal's Sankhuwasabha district is on fast-track as five Indian banks and two Nepali banks have committed to lend debts for construction of the 900 MW mega power project.